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First Tidal Acquisition Corp T.AAA


Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.


TSXV:AAA.P - Post by User

First Tidal Acquisition Corp > More Potash Needed
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Comment by Jeremy2014on Mar 11, 2014 12:19pm
186 Views
Post# 22308201

RE:RE:RE:RE:RE:More Potash Needed

RE:RE:RE:RE:RE:More Potash Needed
37% if they exercised all the warrants, which would give $84 million for the equity financing. Now, they need another $150 million more or less if the ratio is 1/3 equity - 2/3 debt. That $150 million that Allana need to find (or already have found) in equity will diminish that 37% that ICL would own. So, it is a very long shot for ICL to own Allana.
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Dealroom for high-potential pre-IPO opportunities